Daily Charts - Sell Low, Buy High

Callum_Thomas
01-21

1.Sell Low, Buy High.

Yup -- in the world of credit spreads things are upside down...

And what else is upside down?

The logic that credit spreads should be at 17-year lows at a time where forward looking risk is the highest in years.

ImageImage

2.Unequal Weighted...

The top 10 stocks of the cap-weighted S&P500 $.SPX(.SPX)$ carry a weighting almost 20x that of their equivalent standing in the equal-weighted index.

Over the long-run the equal-weighted index has outperformed the cap weighted, and this is why -- the cap weighted skews heavily into the hottest, largest, most mature and overvalued stocks... and lightly into the newer, smaller, cheaper stocks.

(also, makes you think --are you really as diversified as you think you are?)

ImageImage

3.Despite some fairly decent performance, absolutely no interest in gold $Gold - main 2502(GCmain)$ or miners by retail...

*none*

What does that tell you?

ImageImage

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • KSR
    01-21
    KSR
    👍
Leave a comment
1
9